GBN timely is executing its production schedule. Production of 45,000 to 75,000 gold ounces annually in the first two years increasing to 100,000 ounces annually in year 3 while at the same time increasing its reserves and resources through systematic exploration. Institutional investors and funds are just now putting GBN on their radar screen. Sprott's involvement is a strong endorsement of management. Ron Netolitzky is GBN's largest shareholder, currently owning more than 11% of the company with a large percentage of his purchases coming on the open market. The new mine is being run by one of Cameco's former top mine managers and several of his former staff. They too have their personal financial interests aligned with shareholders. Despite the recent price gain, GBN remains one of the most undervalued gold explorers/producers in the world. As it starts commercial production, the market will revalue it more in line with the free cash flow which it will start throwing off. In this rising real price of gold environment, GBN's margins will be blow-out numbers within 2 quarters time.